It is understood individuals at the football club are pushing for Cowdy to be reinstated.

However, Owen appears reluctant to make a move until he makes a decision on whether or not to take out a £25m loan.

Commenting on the rumours, Cowdy told The Gazette: “I attended the Wigan match on Tuesday night, purely as a fan and was delighted with the result.

“I put a huge amount of hard work into the day-to-day running of the club over the past couple of years, so I obviously hold a strong affinity with Blackpool and I’m desperate for the club to achieve success in the future.

“I’m currently spending some time with my wife and baby, as I feel like I’ve barely switched off in the last 15 years.

“I’m considering a number of opportunities, however if it’s true that people would like me to return to the club, that’s flattering.”

Cowdy's departure was announced on the club's website less than an hour after the first team had drawn 0-0 with Bristol Rovers at Bloomfield Road, with the club confirming he had left his role with “immediate effect”.

Cowdy released a statement via Twitter, but he didn’t comment on why he left the club and made no reference to the club's owners, the Oyston family.

The statement read: "Following my departure from the position of of chief executive/club secretary at Blackpool FC, I would like to send my thanks for the many kind messages and well wishes I have received.

"I would like to thank the manager Gary Bowyer and all the staff for their hard work and send my best wishes for the rest of the season.

"I joined the club as club secretary in March 2016, taking on the additional responsibility of chief executive three months later.

"I have thoroughly relished the challenge of overseeing the day-to-day running of Blackpool FC and feel proud to have been part of the promotion to League One achieved at the Wembley play-off final in May 2017.

"I wish the club and its supporters all the very best for the future. Up the Pool!"